General Electric - Statistics & Facts

Incorporated in New York and headquartered in Boston, General Electric was originally founded during a period of industrial consolidation that marked the end of the so-called War of Currents between two of the most prominent scientists of the time, Edison and Tesla. In 1892, GE was formed through the merger of Thomas Edison's Edison General Electric Company with Thomson-Houston Electric company, and is now one of the largest corporations in the world. The American multinational conglomerate is one of the original twelve companies to enlist on the Dow Jones Industrial Average, but was removed in 2018 due to its falling stock price over the previous few years.

Today, GE employs some 283,000 people worldwide . The company generated a global revenue of almost 122 billion U.S. dollars in 2018.

General Electric's product segments include aircraft engines, home appliances, electric motors, weapons, and wind turbines, among others. With revenue of approximately 30.6 billion U.S. dollars, the aviation segment was GE's leading segment in terms of sales in the 2018 fiscal year.

Although GE assumes no liability for the 2011 Fukushima Daiichi disaster, it felt the effects through drops in its stock price shortly afterward: Having designed the six reactors in the Fukushima II Nuclear Power Plant incident, GE received heavy criticism, regarding the design of the power plant cooling systems.

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General Electric - Important statistics

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